What tariffs is Trump imposing right now?
Most imports pay a 10% or 12.5% Section 301 tariff in force since July 24, 2026, plus Section 232 tariffs of 25% to 50% on steel, aluminum, copper, cars, trucks, lumber and furniture, and up to 100% on patented drugs and some drones. China, Brazil and Canada face extra duties. The 2025 emergency (IEEPA) tariffs were struck down by the Supreme Court on February 20, 2026 and are being refunded.
Rates and legal status as of . Customs revenue updates automatically from the U.S. Treasury.
On , the Supreme Court decided Learning Resources, Inc. v. Trump together with Trump v. V.O.S. Selections, Inc. (Nos. 24-1287 and 25-250), argued November 5, 2025. The holding: The International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose tariffs.
The vote was 6–3. Chief Justice John Roberts wrote for the Court, joined by Justices Sotomayor, Kagan, Gorsuch, Barrett and Jackson; Justices Thomas, Alito and Kavanaugh dissented. The Court affirmed the Court of International Trade’s ruling for the importers in V.O.S. Selections and sent the Learning Resources case back to be dismissed for lack of jurisdiction, because tariff cases belong in the trade court.
Each tariff rests on a specific statute. Their legal status differs.
Now the main source of across-the-board tariffs. USTR’s forced-labor action puts 10% or 12.5% on goods from 60 economies (since July 24, 2026). Separate 301 actions cover China (2018 lists and the 2024 review increases) and Brazil (25%, since July 22, 2026).
Primary sourceNational-security tariffs on specific products: steel, aluminum, copper, autos and parts, trucks and buses, timber and lumber, furniture and cabinets, some semiconductors, patented drugs and drones. Not affected by the Supreme Court ruling.
Primary sourceFirst modern use of this 1930 law: an extra 50% on a list of Canadian goods from August 22, 2026, plus import bans on some Canadian alcohol, dairy and other products from September 29, 2026. Challenged in court on October 20, 2026.
Primary sourceUsed in 2025 for the fentanyl tariffs on Canada, Mexico and China, the “Liberation Day” reciprocal tariffs, and the Brazil and India penalty tariffs. The Supreme Court ruled on February 20, 2026 that IEEPA does not authorize tariffs; collection stopped and refunds began.
Primary sourceA 10% temporary import surcharge from February 24 to July 24, 2026, the 150-day legal maximum without Congress. It bridged the gap between the court ruling and the new Section 301 tariffs.
Primary sourceCountry-wide tariffs in effect as of October 22, 2026, added to normal (MFN) duties. Goods covered by Section 232 product tariffs are exempt from the Section 301 forced-labor tariff and pay the 232 rate instead.
| Country | Rate now | Authority & effective | Notes |
|---|---|---|---|
| China | 12.5% + 7.5%–100% | Section 301 Jul 24, 2026 (12.5%); 2018–2026 (China lists) | The 12.5% forced-labor tariff stacks on the original China 301 tariffs (7.5%–25% on Lists 1–4A, up to 100% on items such as EVs). 178 product exclusions expire Nov 9, 2026. Before the ruling: 20% IEEPA (10% fentanyl + 10% reciprocal) |
| Canada | 10%; 50% on listed goods | Section 301; Section 338 Jul 24, 2026; Aug 22, 2026 | USMCA-qualifying goods are exempt from the 10%. The Section 338 50% applies even to USMCA goods on a list of products (from dairy and alcohol to furniture and machinery). Import bans on some products since Sep 29, 2026. Before the ruling: 35% IEEPA on non-USMCA goods (10% on energy and potash) |
| Mexico | 10% | Section 301 Jul 24, 2026 | USMCA-qualifying goods are exempt. Before the ruling: 25% IEEPA on non-USMCA goods |
| European Union | 10% all-in | Section 301 Jul 24, 2026 | Capped: normal duty plus the 301 tariff totals 10%, and nothing is added if the normal duty is already 10% or more. Autos and parts 15% all-in under Section 232. Before the ruling: 15% all-in reciprocal under the 2025 framework deal |
| Japan | 12.5% all-in | Section 301 Jul 24, 2026 | Capped net of normal duties. Autos and parts 15% all-in under Section 232. Before the ruling: 15% all-in reciprocal under the 2025 deal |
| United Kingdom | 10% | Section 301 Jul 24, 2026 | Lower Section 232 rates for UK steel, aluminum and autos (10% combined within a 100,000-car quota). Before the ruling: 10% reciprocal |
| India | 10% | Section 301 Jul 24, 2026 | The extra 25% penalty over Russian oil purchases was lifted on Feb 7, 2026. Before the ruling: 50% IEEPA from Aug 27, 2025; the 25% Russian-oil part was lifted Feb 7, 2026 |
| Brazil | 12.5% + 25% | Section 301 (two actions) Jul 24, 2026; Jul 22, 2026 | A separate 25% Brazil-specific 301 tariff (digital trade, ethanol, deforestation and other issues) applies with exemptions. Before the ruling: 50% IEEPA (10% reciprocal + 40%) |
| Vietnam | 12.5% | Section 301 Jul 24, 2026 | Also under the separate excess-capacity 301 investigation (no tariff yet). Before the ruling: 20% reciprocal |
| South Korea | 12.5% all-in | Section 301 Jul 24, 2026 | Capped net of normal duties. Autos and parts 15% all-in under Section 232. Before the ruling: 15% reciprocal under the 2025 deal |
| Switzerland | 12.5% all-in | Section 301 Jul 24, 2026 | Capped net of normal duties. Before the ruling: 15% reciprocal under the late-2025 framework (39% Aug–Nov 2025) |
| Taiwan | 10% all-in | Section 301 Jul 24, 2026 | Capped net of normal duties. Before the ruling: Reciprocal tariff under IEEPA |
There is no longer a single universal baseline tariff. Since July 24, 2026 the Section 301 forced-labor action covers 60 economies, applied to nearly all imports from those economies: a flat 10% for 17 of them (including Canada, Mexico, the UK and India), a flat 12.5% for 38 (including China, Vietnam and Brazil), and a combined cap of 10% (EU, Taiwan) or 12.5% (Japan, South Korea, Switzerland) after normal duties. Countries outside the 60 pay only normal duties plus any Section 232 tariffs.
From April 5, 2025 to February 2026 the IEEPA “reciprocal” baseline was 10%; from February 24 to July 24, 2026 the Section 122 surcharge was 10%.
National-security tariffs on specific goods, regardless of country unless a deal sets a lower rate. These were not part of the Supreme Court case.
| Product | Rate | Effective | Notes |
|---|---|---|---|
| Steel and aluminum | 50% (25% for many derivatives) | Mar 12, 2025 (25%); Jun 4, 2025 (50%); Apr 6, 2026 (full value) | Since Apr 6, 2026 charged on the full value of the product. 15% for some industrial, farm and HVAC equipment through 2027; 10% for goods made with U.S. metal; 25% for qualifying UK metal. Russian aluminum 200%. |
| Copper | 50% (25% for some articles) | Aug 1, 2025 | Semi-finished copper and copper-intensive products; refined copper cathodes are not covered. |
| Cars and light trucks | 25% | Apr 3, 2025 | USMCA vehicles pay only on non-U.S. content. Deals cap EU (Aug 1, 2025), Japan (Sep 16, 2025) and South Korea (Nov 1, 2025) at 15% all-in; UK 10% within a 100,000-car quota. |
| Auto parts | 25% | May 3, 2025 | USMCA-qualifying parts exempt pending a content process; same 15%/10% deal caps as vehicles. |
| Medium and heavy trucks, buses | 25% (buses 10%) | Nov 1, 2025 | Covers trucks and key truck parts. |
| Softwood timber and lumber | 10% | Oct 14, 2025 | UK capped at 10%; EU and Japan capped at 15% all-in. |
| Upholstered furniture | 25% | Oct 14, 2025 | Scheduled to rise to 30% on Jan 1, 2027 (delayed from Jan 1, 2026). |
| Kitchen cabinets and vanities | 25% | Oct 14, 2025 | Scheduled to rise to 50% on Jan 1, 2027 (delayed from Jan 1, 2026). |
| Advanced computing chips | 25% | Jan 15, 2026 | A narrow set of advanced chips only; exempt when imported for U.S. data centers, R&D, startups, consumer, civil industrial or public-sector uses. Broader chip tariffs were left for a second phase. |
| Patented pharmaceuticals | 100% (20% with onshoring plan) | Jul 31, 2026 (listed companies); Sep 29, 2026 (others) | EU, Japan, South Korea and Switzerland 15%; UK 10%. Zero for companies with drug-pricing agreements. Generic drugs exempt. |
| Drones (UAS) | 100% / 25% | Sep 3, 2026 | 100% on listed drones and critical parts, 25% on drones of 25 kg or less; 25% on further components from Feb 9, 2027. Capped at 15% for allies (UK 10%) when key components come from the U.S. or allied countries. |
| Polysilicon and derivatives | 15% + minimum import price | Dec 4, 2026 (scheduled) | Proclaimed Aug 6, 2026. |
Section 232 investigations of processed critical minerals (January 2026) and commercial aircraft and engines (July 2026) ended in orders to negotiate with trading partners rather than immediate tariffs.
Customs duties collected and refunded each month, from the U.S. Treasury’s Monthly Treasury Statement. Latest data: September 2026.
| Fiscal year | Collected | Refunded | Net |
|---|---|---|---|
| FY2024 | $83.8B | $6.7B | $77.0B |
| FY2025 | $202.4B | $7.5B | $194.9B |
| FY2026 | $317.8B | $144.6B | $173.2B |
Federal fiscal years run October 1 to September 30. Refunds jumped from May 2026 as CBP repaid IEEPA tariffs, which pushed net customs receipts below zero in May, June and July 2026. Source: Treasury Fiscal Data, MTS Table 4, updated twice a day.
Yale Budget Lab estimates of the average U.S. tariff rate on imports, before consumers shift what they buy.
Average effective tariff rate, highest since 1935 (IEEPA tariffs in force).
Average effective tariff rate, highest since 1932, just before the Supreme Court ruling.
Average statutory rate after Section 122 expired and the Section 301 tariffs replaced it.
Latest estimate. Set to reach 11.8% by year-end under scheduled increases; about $1,100 a year per household.
In July 2026 the Budget Lab switched its headline measure from an “average effective” rate to an “average statutory” rate, so earlier and later figures are close but not identical measures.
As of October 22, 2026, most imports face a Section 301 tariff of 10% or 12.5% that took effect on July 24, 2026 (for the EU, Japan, South Korea, Switzerland and Taiwan it is capped so the total with normal duties is 10% or 12.5%). On top of that, Section 232 tariffs of 25% to 50% apply to steel, aluminum, copper, cars and parts, trucks, lumber, furniture, cabinets and some chips, plus up to 100% on patented drugs and some drones. China also pays older Section 301 tariffs of 7.5% to 100%, Brazil an extra 25%, and a list of Canadian goods 50% under Section 338.
Partly. On February 20, 2026, in Learning Resources, Inc. v. Trump (decided together with Trump v. V.O.S. Selections, Inc.), the Court ruled 6–3 that IEEPA does not authorize the President to impose tariffs. That ended the 2025 fentanyl tariffs on Canada, Mexico and China, the “Liberation Day” reciprocal tariffs, and the Brazil and India penalty tariffs. The ruling did not touch tariffs under Section 232 or Section 301, which remain in force.
Yes. CBP stopped collecting IEEPA duties on February 24, 2026, estimated about $166 billion in duties owed back to more than 330,000 importers, and opened its CAPE refund system on April 20, 2026. About about $126 billion in duties and interest had been refunded by mid-October 2026, and the Court of International Trade certified a class of importers seeking the rest on October 8, 2026. Refunds go to the importer of record, not to consumers who paid higher prices.
After the ruling, Trump imposed a 10% surcharge under Section 122 of the Trade Act of 1974, which allows up to 15% for 150 days. It ran from February 24 to July 24, 2026. He said on February 21 that he would raise it to 15%, but no proclamation raising the rate was published. When it expired, USTR’s Section 301 forced-labor tariffs of 10% or 12.5% on 60 economies took its place.
Chinese goods pay the 12.5% Section 301 forced-labor tariff plus the Section 301 tariffs from Trump’s first term (7.5% to 25% on four lists, with higher rates of up to 100% on items such as electric vehicles), and any Section 232 product tariffs. The 2025 IEEPA tariffs on China, which peaked at 145% in April 2025, ended with the Supreme Court ruling.
Net customs duties were $194.9B in fiscal 2025, up from $77.0B in fiscal 2024. In fiscal 2026 the Treasury collected $317.8B gross but paid back $144.6B in refunds, mostly IEEPA refunds, for net revenue of $173.2B. Figures are from the Monthly Treasury Statement.
The Yale Budget Lab put the average statutory tariff rate at 11.0% on August 24, 2026, down from 16.9% in January 2026 before the IEEPA tariffs were struck down. It expects the rate to reach 11.8% by the end of 2026 as scheduled increases take effect.
Rates are summaries of the legal texts; exemptions, product lists and stacking rules are in the cited proclamations and notices. This page is not legal or customs advice.
TrumpInsight Editorial Team
News & Research Desk
Tariff rates and dates are taken from the Federal Register, White House and USTR documents, and re-checked as new proclamations are published. Revenue comes directly from the U.S. Treasury.
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